M&A Deal Summary

Cycura Acquires Cycura Data Protection

On July 8, 2020, Cycura acquired information technology company Cycura Data Protection from Cycura for 3M USD

Acquisition Highlights
  • This is Cycura’s 1st transaction in the Information Technology sector.
  • This is Cycura’s largest (disclosed) transaction.
  • This is Cycura’s 1st transaction in Canada.
  • This is Cycura’s 1st transaction in Ontario.

M&A Deal Summary

Date 2020-07-08
Target Cycura Data Protection
Sector Information Technology
Buyer(s) Cycura
Sellers(s) Cycura
Deal Type Divestiture
Deal Value 3M USD

Target

Cycura Data Protection

Toronto, Ontario, Canada
Cycura Data Protection Corp. elevates the cybersecurity program with an industry-leading team with extensive experience in the healthcare and technology sectors and creates a new key division to build a compelling portfolio of products/services and companies as part of the capital allocation program.

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Buyer(S) 1

Buyer

Cycura

Toronto, Ontario, Canada

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

Cycura provides research-powered, customized offensive cybersecurity services to organizations and governments of all sizes. The company offers the most thorough penetration testing and security assessments possible, secure code review services and support throughout your development lifecycle, and red team and breach simulation training to help to protect critical assets. Cycura was formed in 2013 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Cycura

Toronto, Ontario, Canada

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

Cycura provides research-powered, customized offensive cybersecurity services to organizations and governments of all sizes. The company offers the most thorough penetration testing and security assessments possible, secure code review services and support throughout your development lifecycle, and red team and breach simulation training to help to protect critical assets. Cycura was formed in 2013 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 1